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FBR Sets Steel Sales Tax Rates as Low as Rs5

03-Oct-2026
The Federal Board of Revenue (FBR) has introduced a reduced sales tax rate of Rs20 per electricity unit for steel melters and composite steel manufacturing units located in erstwhile FATA and PATA, pr...
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FBR Sets Steel Sales Tax Rates as Low as Rs5

SBP Opens Fintech Sandbox Applications Until November 30, 2026

03-Oct-2026
The State Bank of Pakistan (SBP) has opened applications for the second round of its Regulatory Sandbox, inviting individuals and businesses to experiment with innovative financial solutions involving...
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SBP Opens Fintech Sandbox Applications Until November 30, 2026

Pakistan Revises SOE Policy, Introduces IFRS-Based Reporting Framework

03-Oct-2026
ISLAMABAD: The federal government has revised its State-Owned Enterprises (Ownership and Management) Policy, 2023, introducing an International Financial Reporting Standards (IFRS)-based system for st...
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Pakistan Revises SOE Policy, Introduces IFRS-Based Reporting Framework

Petrol Hits Rs392.76 as Diesel Rises to Rs399.64

03-Oct-2026
The federal government has raised petrol prices by Rs2.10 per litre to Rs392.76, while high-speed diesel (HSD) has become costlier by Re0.30, bringing its price to Rs399.64 per litre. The revised rate...
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Petrol Hits Rs392.76 as Diesel Rises to Rs399.64

SECP Proposes Rs5 Million Loan Limit, Expands SME Thresholds

02-Oct-2026
The Securities and Exchange Commission of Pakistan (SECP) has put forward a proposal to raise the maximum borrowing limit for microfinance and housing loans to Rs5 million, as part of a wider effort t...
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SECP Proposes Rs5 Million Loan Limit, Expands SME Thresholds

Petrol Crosses Rs390 as Diesel Prices Drop in Pakistan

02-Oct-2026
ISLAMABAD: The federal government has raised petrol prices by Rs3.26 per litre while cutting the rate of high-speed diesel (HSD) by Rs1.01 per litre under the revised petroleum prices effective Octobe...
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Petrol Crosses Rs390 as Diesel Prices Drop in Pakistan

FBR Maps Shops Nationwide, Targets 1 Million Retailers

02-Oct-2026
The Federal Board of Revenue (FBR) will launch a countrywide survey of markets and individual retail outlets from Friday after the government’s Asaan Tax Scheme received a weaker-than-expected respo...
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FBR Maps Shops Nationwide, Targets 1 Million Retailers

PTA Tells Court It Cannot Ban Social Media for Under-16s

02-Oct-2026
The Pakistan Telecommunication Authority (PTA) has informed the Islamabad High Court (IHC) that existing laws do not empower it to enforce compulsory age verification or bar children below 16 from usi...
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PTA Tells Court It Cannot Ban Social Media for Under-16s

FBR Extends Tax Return Deadline To October 15

01-Oct-2026
The Federal Board of Revenue (FBR) on Wednesday extended the deadline for submitting income tax returns for Tax Year 2026 to October 15, reversing its position just hours earlier when the tax authorit...
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FBR Extends Tax Return Deadline To October 15

Tax Returns Surge 45% To 5.77 Million, Payments Fall

01-Oct-2026
Pakistan recorded a sharp rise in income tax return filings, with the total climbing nearly 45% year-on-year to 5.77 million by September 30. Federal Board of Revenue (FBR) data shows that traders, pr...
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Tax Returns Surge 45% To 5.77 Million, Payments Fall
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